U-BX Technology Ltd. (NASDAQ:UBXG) Short Interest Up 34.8% in October

U-BX Technology Ltd. (NASDAQ:UBXG) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 661,800 shares, an increase of 34.8% from the October 15th total of 490,900 shares. Based on an average daily volume of 2,450,000 shares, the short-interest ratio is presently 0.3 days. Currently, 4.6% of the company’s stock are short sold.

U-BX Technology Price Performance

Shares of NASDAQ:UBXG opened at $0.30 on Friday. U-BX Technology has a 52 week low of $0.29 and a 52 week high of $35.44. The company’s 50 day moving average is $0.54 and its two-hundred day moving average is $5.60.

About U-BX Technology

U-BX Technology Ltd. focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry in China. The company offers digital promotion services, risk assessment services, and value-added bundled benefits to property and auto insurance carriers, and insurance brokers.